A manufacturing has prepared the following income

Reference no: EM13605059

A Manufacturing has prepared the following income statement

Sales 450,000
COGS 200,000
Gross Margin 250,000
Operating Expenses 196,000
Operating Income 54,000

According to company records, $50,000 of Cost of Goods Sold and $166,000 of Operating Expenses are fixed.

Required: Show Work
A) Compute the contribution margin.
B) Compute the contribution margin ratio.
C) Compute the break-even volume in sales dollars

Reference no: EM13605059

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